Focusing on Honeybadgers
The markets are sitting on a ledge and could go either way. When that happens I try and find stocks that are indifferent to the indexes.
The markets are sitting on a ledge and could go either way. When that happens I try and find stocks that are indifferent to the indexes.
Today we saw the markets flush a bit after the announcement of the stimulus plan, classic buy the run up, sell the news. The markets maintained structure, but where will leadership come from next? Let’s review.
Today’s pullbacks was not a panic but rather the culmination of some all-time high open interest on options expiration Friday and some seasonal tendencies potentially at work.
The trends really didn’t flinch in today’s move lower, which still has not broken the 21 period EMA. I’ll explain where the swing buy zones are sitting and the current structure of the indices.
SQ and PYPL are two of my favorite picks right now, and while they may work directionally, this spread poses an interesting opportunity.. Let’s look at how you might trade these over the next several weeks.
The first monthly expiration of the year is upon us and there’s no lack of setups to discuss. I have a certain perspective into tomorrow, another into next week, and then a third for the rest of the quarter. Let’s dive in.
Yesterday and today’s bullish bias was set by Powell. Here’s how to use and trade it.
Three for three on the daytrades powered by Powell and managing the swing entries we have in the currency futures.